PRAEMIUM

Financial planning

Platforms are seeing strong growth of products themed around ESG with assets in those funds outpacing those in non-ESG options, Money Management data has found....

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Financial planning

Total net inflows onto the Praemium platform have risen 82% in the March quarter....

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Financial planning

Praemium has posted a 43% jump in its funds under advice in its half yearly earnings results while reporting a net loss after tax of $2.6 million....

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Features

Managed accounts have come a long way in the two decades that they have been growing in Australia, Liam Cormican writes, but the only thing holding them back is their com...

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Funds management

The firm has reported $4.9 billion in annual inflows in calendar year 2021, 87% higher than the previous year....

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Funds management

Praemium has sold its international operations in the United Kingdom, Jersey, Hong Kong and Dubai to Morningstar for $65.1 million....

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Financial planning

There is a reluctance from high net worth Australian investors to use investment advisers and an unmet advice gap in inheritance and estate planning, and strategies to re...

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People & Products

Monochrome Bitcoin Fund has been approved by the wealth management platform for its private wealth clients....

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Funds management

While acknowledging the strategic benefits of a $785 million merger with Netwealth, Praemium believes the current proposal undervalues its business and is not in the best...

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Funds management

The platform provider is in the due diligence phase of its divestment of its international business and has posted $1.66 billion in net platform inflows for the September...

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People & Products

Praemium adds business strategy to the responsibilities of its chief commercial officer, Mat Walker....

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Financial planning

The asset manager has launched its first separately managed account in partnership with Praemium....

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Funds management

Praemium’s platform inflows were up 111% during the FY21 but its profit and EBITDA were down thanks to costs associated with acquiring Powerwrap....

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Financial planning

As the platform looks to focus on its domestic business, selling off the international business will be the first test of the tenure of new chief executive, Anthony Wamst...

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People & Products

Interim chief executive Anthony Wamsteker will be made permanent, with a $600,000 base salary and up to a 50% performance bonus....

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